Financial Daily from THE HINDU group of publications
Friday, December 12, 2003
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AIRLINES


Cabinet clears new proposal on bilateral air services
IN an effort to draw up a rational policy framework for negotiating air services bilateral agreements, the Union Cabinet has approved a proposal to allow an airline not operating a daily flight or wishing to start air services here, to operate 14 ... More

Hyderabad ideal as aviation hub: Expert
THANKS to its ideal geographic location, presence of important aeronautical establish- ments and strengths in information technology, Andhra Pradesh has emerged as the best bet for becoming a civil aviation hub of international standards, say ... More

AI fleet: Boeing makes pitch for 777-200 range
IN a sales pitch of its product, US aircraft manufacturing major Boeing on Thursday emphasised the financial and commercial advantages for Air India (AI) if it were to choose the B777-200 Extended Range (ER) aircraft. "The net present value ... More

Jet Airways awaiting nod to fly to Colombo
JET Airways is awaiting the final nod from the Government to operate to Colombo, said Mr Naresh Goyal, Chairman, Jet Airways, at the international tourism marketing conference held here on Wednesday. Mr Goyal said that he welcomed the ... More

Naresh Chandra panel proposals to Cabinet by Jan
THE Ministry of Civil Aviation will consider and forward the recommendations of the Naresh Chandra Committee to the Union Cabinet by January, the Minister for Civil Aviation, Mr Rajiv Pratap Rudy, said here on Thursday. "The Ministry will ... More

Aerospace seminar next week
HYDERABAD: Commemorating the centenary of `powered flights', the Hyderabad chapter of Aeronautical Society of India is organising a two-day national seminar-cum-exhibition on `Aerospace Technology Challenges in the Millennium' beginning ... More

INFRASTRUCTURE


Integrated rail-bus transit system for Delhi mooted
IN the first step towards an inter-modal public transport in the Capital, the Railways has proposed an Integrated Rail-Bus Transport (IRBT) System that would incorporate the Delhi Metro, Railways and the city bus facilities. Projected to cost Rs ... More

Govt nod awaited for truck terminal at Mangalore
THE Mangalore Urban Development Authority (MUDA) is planning to set up a truck terminal at Kulai village here. The MUDA Chairman, Mr Abdul Khader, told presspersons here that the proposed project would help reduce congestion at New Mangalore ... More

SHIPPING


Marginal increase in exports via Kochi port
EXPORTS of major commodities through the Kochi Port have shown only a marginal increase during October compared with the previous month. As per the figures available with the Cochin Chamber of Commerce and Industry, the exports of some of the ... More

Annual crude oil imports — IOC can now make its own shipping arrangements
INDIAN Oil Corporation has finally secured the nod from the Government to make its own shipping arrangements for its annual crude oil imports, a development which has huge implications for the domestic shipping industry. "A decision to this ... More

GE Shipping to get new Suezmax crude carrier
GREAT Eastern Shipping has signed a contract for acquiring a 1.52 lakh DWT Suezmax crude carrier. According to a company press release, the 1989-built vessel will be joining the company's fleet by the end of this month. In the current fiscal, ... More

RAILWAYS


Trials on Jammu-Udhampur rail line by month-end
The Rs 3,500-crore Kashmir rail link is perhaps the most important project taken up by the Railways since independence. Billed as one of the Prime Minister, Mr Atal Bihari Vajpayee's dream projects, the Government has promised to roll the first train into the strife-torn valley by 2007. More

TRENDS


Non-core sector facing `erratic' coal supply
NON-CORE sector coal consuming industries are facing an "unprecedented" problem of receiving minimal supplies of coal rails. The problem has developed over the last two months because of the wagon requirement pressure from core sector consumers, ... More
Ships in Ports
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